The WTO's rejection of former President Trump's tariffs on imports of aluminum and steel has prompted pushback from the Biden administration and the U.S. steel industry.
In its ruling, the WTO said it was "not persuaded" that the U.S. implemented the tariffs "in time of war or other emergency in international relations" that would justify the tariffs on national security grounds.
EU HITS US FOR INFLATION REDUCTION ACT ELECTRIC VEHICLE TAX CREDIT REQUIRING FINAL ASSEMBLY IN NORTH AMERICA Despite having taken steps to negate the tariffs, the Biden administration took issue with the WTO's decision and argued it overstepped its authority by ruling against tariffs based on national security concerns."The United States strongly rejects the flawed interpretation and conclusions," said Adam Hodge, spokesman for the Office of the U.S. Trade Representative.
United Steelworkers, a trade union representing 850,000 workers, released a statement opposed to the WTO ruling that said, "U.S. actions have been effective. Section 232 relief helped to promote production, investment and job creation, while keeping America safe."
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Hunter Biden could sue Fox News, Eric Trump and Rudy Giuliani: ReportThe president's son has assembled a legal team focused on counteracting potential investigations into him once the GOP takes control of the U.S. House.
Weiterlesen »
Twitter Files: Former Trump DNI John Ratcliffe claims vindication on Hunter Biden laptop storyFormer DNI John Ratcliffe reiterated that the intelligence community had 'zero evidence' the Hunter Biden laptop story was 'Russian disinformation' following the latest Twitter Files revelations.
Weiterlesen »
‘SNL’: Weekend Update Takes Swipes At Joe Biden, Kyrsten Sinema, Donald Trump & Herschel WalkerIt was a highly-political “Weekend Update” on Saturday Night Live with Colin Jost and Michael Che taking swipes at political figures. Jost started off the segment by saying that “…
Weiterlesen »
Ex-Trump official defends Biden administration's Griner swap with RussiaEx-Trump adviser David Urban defended the Biden administration's swap to free Brittney Griner after critics implied that they favored her release over Paul Whelan's. '[P]eople believe it's an either or, that they had a choice. They don't have a choice.'
Weiterlesen »
WTO rules against Trump's steel and aluminum tariffsWASHINGTON (AP) — The World Trade Organization has rejected the 2018 import taxes that then-President Donald Trump imposed on foreign steel and aluminum, saying they violated global trade rules. Trump’s tariffs of 25% on foreign steel and 10% on aluminum outraged America’s long-standing allies, including the European Union and Japan, because he relied on a little-used provision of U.S.
Weiterlesen »